Rebirth is very troublesome

Chapter 1078 Familiar Feeling

Not as good as Bai Jieru and Dong Xuan, Zhao Leyi alone is the best.

You must know that Wu Ziyi only practices occasionally and only retains some basic skills, but Zhao Leyi has been on the front line for a long time, and is even a pillar of the troupe. Her dancing skills are even better than when she was a student, becoming more and more sophisticated.

Even if Lester cooks more food, it will still be enough for Wang Yu to drink a pot. Fortunately, Yin Lu is not here tonight.

Because there was a financing conference for the Guoke e-commerce platform the next day, Wang Yu forced himself to rush back to the company before nine o'clock, no matter how tired he was.

ByteDance was on the 26th floor. Before Wang Yu arrived, the large conference room was already bustling with activity.

Engine Technology CEO Shen Mengyun and ByteDance's Zuo Changsheng were both present, chatting with acquaintances from some investment institutions. Bai Jieru was also there. She was standing with a group of investors from the local financial circles in Shanghai. He was also smiling all the time.

Jiang Weilin didn't come, but he saw Jiang Fusheng, who was chatting with a few older people.

It seemed that Jiang Weilin was right. Jiang Fusheng was responsible for hosting the Hualong Fund, allowing his son to fully take over the Jiang family business.

As Wang Yu's figure appeared at the door of the conference room, everyone noticed it immediately, and the originally lively scene suddenly became quiet.

"Good morning, Mr. Wang!"

This is what investors in the financial circle are saying hello to.

"Mr. Wang, you are finally here. We are all anxiously waiting."

This is what an old acquaintance like IDG Xiao Haiyang is saying hello to.

While Wang Yu responded one by one, he walked to the top of the conference table: "Everyone, sit down. I'll finish the prelude first, and then start the first round."

After his words fell, everyone began to take their seats. The investors sat on Wang Yu's left hand side, and his family members sat on his right hand side.

“First of all, thank you all for coming and thank many investment institutions for their recognition of the potential of Guoke e-commerce platform.”

The opening remarks were two words of thanks. After a brief introduction, Wang Yu continued: "In 2009, the transaction volume of Alibaba's Taobao exceeded 2000 billion. Although there is still one month left this year, it is certain that the annual transaction volume will exceed 4000 billion (including Taobao Mall) Of course, some people will say that there are some differences between Taobao's model and Guoke e-commerce platform, so let me talk about Dongba, founded by another friend. In 08, it was 13.6 billion, and it was there in 09. 40 billion, this year it will definitely exceed 100 billion, and the average annual growth rate is more than 250%."

After reporting a lot of data from other companies, Wang Yucai talked about his own Guoke e-commerce platform.

"Last year we did 375 billion. How much did we do as of November this year?"

It’s not that Wang Yu doesn’t know, it’s just the rhythm of words. When he asked Zuo Changsheng, his subordinate naturally blurted out: “In the first 11 months of this year, the total sales of Guoke e-commerce platform have exceeded 900 billion. By the end of the year, We are working hard to achieve the goal of over 2010 billion in !"

"Okay, okay, this is not the company's annual indicator meeting, it's just reporting data!"

"Hahaha"

They were all present and knew when to praise, and almost everyone laughed in good faith at this time.

"The previous data are all superficial things. What I want to talk about next are the more core things."

After the laughter subsided a little, Wang Yu continued: "In 09, Taobao saw hope of profitability. This year it is estimated that there will be a profit of 87 to billion. Goldman Sachs estimated the value of Taobao at billion Yuan, how much does it cost in converted terms?"

"Referring to the central exchange rate of 11 in November, it is equivalent to about 6.62 billion in local currency."

Zhou Aiqing quickly reported the data on the side, which aroused discussion from the people sitting opposite.

"Is it that high?" "It should be right, the valuation given by Goldman Sachs is not the highest."

During the discussion, the people from the investment institutions were looking at each other. The content of Wang Yu’s words just now was very shocking!

Sure enough, Wang Yu next looked at Zuo Changsheng: "What was the profit of our Guoke e-commerce platform last year?"

"It's already over 20 billion, so I won't go into details, right?"

As soon as this data came out, the conference room went crazy.

“Guoke e-commerce platform has such high profits?”

"really?"

"No, you can look at the financial statements. Even if there are discrepancies, the difference shouldn't be too big."

"God, what does Mr. Wang mean? What price does he want to reach for the valuation of Guoke e-commerce platform?"

"."

These are people who are not very familiar with Wang Yu's style. Xiao Haiyang, for example, can be considered reliable. After all, he has been tortured by Wang Yu in several financing meetings, and he has long seen his ability to draw big pie.

"The next step is the distribution of information. From this, everyone can get a glimpse of what makes the Guoke e-commerce platform different from Taobao. You can also see where the profitability of this platform comes from."

At Wang Yu's signal, the administrative staff began to distribute information one by one, which will help decision-makers of investment institutions make rational judgments on quotations.

"In addition, I would like to remind you that the Guoke e-commerce platform has already begun preparations for listing."

As Wang Yu spoke, he glanced around the conference room: "When this financing is completed, it will be fully launched, and I can clearly tell you that the Guoke e-commerce platform will be listed on the Hong Kong stock market. According to an average of 10 months, Calculating time, it should be almost September tomorrow, and this is the last chance for everyone to enter the market."

"Are you ready to go public so soon?"

Xiao Haiyang looked at Wang Yu in surprise. He thought that Guoke e-commerce platform would at least conduct one or two rounds of financing before considering listing.

Moreover, this listing is not to go to rice stocks, but to choose Hong Kong stocks.

"So, I said this is the last chance."

Wang Yu smiled and replied to Xiao Haiyang: "Similarly, President Xiao should know that if it goes public after only one financing, the profit multiple of your investment institution 10 months later will not be as simple as three to five times."

At present, even if the Guoke e-commerce platform is compared with Taobao, if the enterprise value is around 600 billion, according to the profit requirements of normal investment institutions, the valuation of the pre-IPO round will basically be around 120-130 billion. This is the most normal Think logically.

But now Wang Yu told him that Guoke e-commerce platform will be listed on the Hong Kong stock market in 10 months.

According to the current development speed, the marketing volume of Guoke e-commerce platform next year will definitely exceed 2500 billion, and it is not impossible to go higher. Coupled with the terrifying profitability, how much will the market valuation rise to?
In other words, if I can eat this piece of cake this time, I will be so fat next year that my mouth will be full of oil.

Thinking of this, Xiao Haiyang looked at Wang Yu again.

"Damn, this familiar feeling is coming again!"

He sighed secretly that the valuation of this financing will not be less than 200 billion!
(End of this chapter)